EVO’s Intuitive Automation Simplifies Appraisal Reviews

EVO’s Intuitive Automation Simplifies Appraisal Reviews

Are you concerned about how complex real estate appraisal reviews have become? Are your appraisal reviews leading to longer turn-times and the increased risk of errors? Is your business relying on offline forms and spreadsheets or antiquated appraisal management technologies to complete these complex reviews?

If you answered “yes” to any of the questions above, best practice advises your organization to implement a next-gen review technology that not only mitigates an ever-growing list of rules, but also promotes the timely completion of appraisal reports through automation.

Global DMS’ MARS®, a standard component of our EVO™ appraisal management software, guarantees these parameters are met by automating your appraisal reviews to help expedite a once grueling task and further ensure compliance.

MARS quickly analyzes an appraisal for completeness, consistency, and compliance with all GSE guidelines, USPAP, UAD, and industry best-practice, providing accurate reviews in seconds. To promote even more efficiency, these appraisal reviews can be automated to run as soon as the Final Report is uploaded.

Addition features include:

  • Over 3,600 standard business rules, with specific configurations for different services.
  • Rule severity and weighting support.
  • Instant red flag report and MARS score, which lists all Critical, Warning, and FYI items.
  • Supports MISMO XML format.

MARS also provides reviewers with a special document that significantly reduces their review times by instantly directing them to the areas of the appraisal the need their attention most – providing clear directives on a resolution. 

For more information, or to see a short demo, contact Global DMS® today at evoinfo@globaldms.com.